Originations

Mortgage applications increased 2.7% from one week earlier, as purchase volume is now outpacing the prior year's activity, according to the Mortgage Bankers Association.

Mortgage industry hiring and new job appointments for the week ending May 22.

With mortgage rates reaching all-time lows in the opening quarter, refinance originations were up in 97% of housing markets during 1Q, according to Attom Data Solutions.

Mortgage rates declined this past week, further continuing to help attract previously reluctant buyers back into the purchase market, according to Freddie Mac.

The lenders also are receiving warrants to purchase New Residential stock.

Mortgage applications decreased 2.6% from one week earlier, as tighter underwriting drove the refinance index to its lowest level since March, according to the Mortgage Bankers Association.

The sale completes First Choice affiliate Berkshire Hills Bancorp's exit from the mortgage origination business.

Pent-up demand is already pushing buyers to a gradual return to the market, the report asserts.

Mortgage industry hiring and new job appointments for the week ending May 15.

Previously, mortgage firms concentrated on borrower-facing systems at the expense of internal experience.

From what it takes to accommodate remote notarization to figuring out how to process an influx of forbearance requests through limited communication channels, here are five takeaways from coronavirus-related work restrictions.

While overall mortgage application volume remained flat, purchase activity continued to rebound — and that should be the case through the remainder of the spring, according to the Mortgage Bankers Association.

After ending 2019 on a high note, Ocwen Financial posted an income loss in the first quarter due to the unexpected costs and volatility created by COVID-19.

Mortgage rates are at record lows, but borrowers hoping to take advantage are running into the toughest loan-approval standards in years.

Mortgage industry hiring and new job appointments for the week ending May 8.

Purchase mortgage activity rose for the third consecutive week, although the total volume was flat compared with the previous seven-day period, according to the Mortgage Bankers Association.

But Black Knight and Arch Capital's mortgage insurance business aren't as affected, at least so far.

Less competition in the marketplace meant customers were less apt to fudge the truth on a loan application.

Jay Bray speaks about the company's experience in working with distressed borrowers going back to the Great Recession.

Mortgage industry hiring and new job appointments for the week ending May 1.